You heard it first here

[malleefarmer]

West Australia biggest producer in 2018 was looking at 10 million tonne wheat.

Devastating frost last night and another 2 if not 3 to come.

Fireworks when market gets wind of it in a weeks time when damage starts to show up

[bucket]

Thanks ....locked the bins....

[jazz]

Australia gets frost?

[sumdumguy]

What stage are the crops?

[furrowtickler]

Don’t worry , someone will blame the Russians for a massive supper big crop to keep the prices low

[biglentil]

Sorry to hear, darn global warming!

[seldomseen]

Crop froze in Australia and Canada!! Humm is this global warming or just more of that weather crap? I am always so confused

[fjlip]

It's CLIMATE CHANGE! Frost is caused by weather I thought? Oh what the hell tax us warmer, er colder, WTF do we want any way????

[FarmJunkie]

What u wanna bet Monday morning there will be a premium on wheat. Only limited tonnes so u better take the carrot that’s dangling right now. Sad part is there will be guys jumping at it just enough to keep the pipeline full and prices capped.

[farming101]

What u wanna bet Monday morning there will be a premium on wheat. Only limited tonnes so u better take the carrot that’s dangling right now. Sad part is there will be guys jumping at it just enough to keep the pipeline full and prices capped.

Somebody's got to go first. We're already 14 trains behind!

[Guest]

Somebody's got to go first. We're already 14 trains behind!

u
sure moving good here , contracts are filled , haven't heard anyone complaining
we had 40,000 bu (big amount for us , small farmers) contracted of cereals and it's gone, even taking spot . quite an improvement for around here . grain dryer has been a real plus

[malleefarmer]

Hell yeah australia gets frosts minus 6 a few weeks back caused havoc in nsw, south aust we had a cracker a week ago minus 3 but not me.

tonigght we have 3c so should be ok.

[malleefarmer]

This guys wheat and barley flowering 5 hours of this

[hobbyfrmr]

Don’t worry , someone will blame the Russians for a massive supper big crop to keep the prices low

Agreed.
News headline”’frost decimates (name any wheat producing country here) production. CBOT wheat price drops 50 cents per bushel for 6 months due to “fear” of lower quality wheat on the market.
I am not exactly the pillar of success by any stretch of means, but before I transitioned to organic the best thing I ever did on this farm was stop growing wheat. No matter the business model (chem vs. organic) I refuse to grow wheat.
I have a family to feed.
Errol (?)!described a bullish fibonacci fan technical detail that which I hope comes true.
I recall a 2002 drought where production around “here” was so poor the ranchers were baling canola crops and once settled with SCIC cows got turned out on 640 acres of a top notch farmer’s wheat.
dont recall any kind of wheat price rally in the market, but I had none to sell.

[farmaholic]

60 X 7 = 420

70 X 7 = 490

80 X 6.50 = 520

Money will be made on some farms growing wheat this year...especially in SF3's Garden of Eden. Hell, even in the Slum of the Ghetto wheat will be profitable this year. Maybe not everywhere if yeilds were down or quality gets real bad.

My price expectations may have just been raised!!!